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Next Meats Holdings (Next Meats Holdings) Retained Earnings : $-12.54 Mil (As of Jan. 2024)


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What is Next Meats Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Next Meats Holdings's retained earnings for the quarter that ended in Jan. 2024 was $-12.54 Mil.

Next Meats Holdings's quarterly retained earnings declined from Jul. 2023 ($-12.05 Mil) to Oct. 2023 ($-12.37 Mil) and declined from Oct. 2023 ($-12.37 Mil) to Jan. 2024 ($-12.54 Mil).

Next Meats Holdings's annual retained earnings declined from Apr. 2021 ($-0.04 Mil) to Apr. 2022 ($-6.88 Mil) and declined from Apr. 2022 ($-6.88 Mil) to Apr. 2023 ($-11.71 Mil).


Next Meats Holdings Retained Earnings Historical Data

The historical data trend for Next Meats Holdings's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Next Meats Holdings Retained Earnings Chart

Next Meats Holdings Annual Data
Trend Apr20 Apr21 Apr22 Apr23
Retained Earnings
-0.02 -0.04 -6.88 -11.71

Next Meats Holdings Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5,889.28 -11.71 -12.05 -12.37 -12.54

Next Meats Holdings Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Next Meats Holdings  (OTCPK:NXMH) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Next Meats Holdings (Next Meats Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3F 1-16-13 Ebisu Minami Shibuya-ku, Tokyo, JPN, 150-0022
Next Meats Holdings Inc. is a Japanese Company that operates in the alternative meat industry. It currently offers, and plans to continue to offer, amongst other things, artificial chicken and beef products made from meat substitutes. As will be described later on, Next Meats Co., Ltd. is now a wholly-owned subsidiary of the Company.
Executives
Koichi Ishizuka director, 10 percent owner, officer: CEO, CFO 3-1-21, CHUO, NAKANO-KU, TOKYO M0 164-0011
White Knight Co., Ltd. 10 percent owner 3F K MINAMIAOYAMA, 6-6-20 MINAMIAOYAMA, MINATO-KU, TOKYO M0 107-0062
Hideyuki Sasaki director, 10 percent owner, officer: Chief Operating Officer 5-2-4 NISHI, HANYU-SHI, SAITAMA M0 348-0054
Ryo Shirai director, 10 percent owner, other: Chairman of the Board 4-380-4- NAKAZAWA, NAGAOKA-SHI, NIIGATA M0 940-0853
Next Meats Co., Ltd 10 percent owner 3F 1-16-13 EBISU MINAMI, SHIBUYA-KU, TOKYO M0 150-0022
Flint Consulting Services, Llc 10 percent owner 780 RESERVOIR AVE #123, CRANSTON RI 029910

Next Meats Holdings (Next Meats Holdings) Headlines

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